Deep Tide TechFlow News, January 2, Ninal Rong, head of partnerships at the Arbitrum Foundation, stated that the Arbitrum Foundation will provide funding support for the continued operation of (Ethereum Weekly News) and will contact its founder to discuss specific matters. BlockBeats reported earlier today that (Ethereum Weekly News) announced its closure due to the Ethereum Foundation's cessation of funding, with founder Evan Van Ness stating, 'Due to a conversation with the leadership of the Ethereum Foundation (EF) earlier this year, it was announced that this newsletter will cease operations; the foundation believes that continuing the operation of (Ethereum Weekly News) is not valuable. Today I learned that the Ethereum Foundation spent $135 million in 2023 but became stingy when it came to funding the best tech newsletter in the ecosystem (possibly there are other background reasons I am not aware of).'

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